1/11/2024 0 Comments Bank of china exchange rates![]() Tishwash: Popular discontent with the instability of the exchange rate, and fingers pointing towards speculators He added, “The committee also discussed the results of the Iraqi delegation’s visit to WashingtonIn addition to a number of other files. Ur correspondent said, "The Parliamentary Economy, Industry and Investment Committee hosted the governor of the Central Bank On the relationshipto discuss the exchange rate of the dollar and the stability of the market.” The Parliamentary Economy, Industry and Investment Committee hosted, today, Wednesday, the Governor of the Central Bank, Ali Al-Alaq, to discuss the exchange rates of the dollar. Tishwash: The Economic Committee hosts the Governor of the Central Bank to discuss the exchange rates of the dollar The Crescent Petroleum contracts include the Gilabat-Qumar and Khashim fields in Diyala, which are expected to begin producing 250 million standard cubic feet per day of natural gas within 18 months, the company said.Ĭrescent Petroleum also plans to explore and develop Khider al-Mai, a third block in Basra province for oil and gas.Ĭhina’s Geo-Jade also signed two contracts for exploration and development rights to Iraq’s Huwaiza oilfield in the south and Naft Khana northeast of Baghdad, both near the Iranian border. United Arab Emirates-based Crescent Petroleum signed three 20-year contracts to develop oil and natural gas fields in Iraq's Basra and Diyala provinces in northeastern Baghdad. Tishwash: Iraq signs oil and gas deals with UAE's Crescent Petroleum, Chinese firmsīAGHDAD, Feb 21 (Reuters) - Iraq signed deals with UAE firm Crescent Petroleum and two Chinese companies on Tuesday for the development of six oil and gas fields as it seeks to produce much needed natural gas for power stations and cut imports burdening the country's budget. He added, "The second package includes organizing the financing of foreign trade from China directly and in the Chinese yuan currency through two options: a) The first option: strengthening the balances of Iraqi banks that have accounts with Chinese banks in the Chinese yuan currency.ī) The second option: strengthening the balances of Iraqi banks through the accounts of the Central Bank to the final beneficiary in the Chinese yuan currency through our accounts with the Bank (JP Morgan) and the Development Bank in Singapore. Today, Wednesday, the Central Bank of Iraq announced the second package of facilities to obtain foreign currency, including reliance on the yuan currency to organize financing foreign trade from China.Īnd the media office of the Central Bank stated in a statement received by Al-Maalouma Agency, that, “in addition to what was announced in the first package of facilities provided by the Central Bank to achieve stability in exchange rates.” Tishwash: Iraq adopts the "yuan" in its foreign trade with China
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